Breakthrough research boosts Li-ion battery stability, efficiency and density
South Korean scientists have developed a breakthrough lithium-ion battery technology by modifying the LNMO cathodes that enhances stability and efficiency, boosts battery lifespan, and energy density of Li-ion batteries.
S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
Exide Industries invests INR 149.99 crore in lithium battery arm
Exide Industries Ltd has made equity investment of INR 149.99 crore, on rights basis, in Exide Energy Solutions. The investment will fund Exide Energy Solutions’ greenfield lithium battery plant in Bengaluru and meet its various funding requirements.
Lithium battery recycler Attero achieves ISO 14064 certification for GHG emissions verification
Attero is the first Indian company in the e-waste recycling industry to secure the ISO 14064 Certification for GHG Emissions Verification.
LG Energy Solutions plans U.S. battery manufacturing
The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.
GFCL EV raises INR 1,000 crore to scale its battery materials capacity
GFCL EV will utilize the funds to scale its battery material capacities as it looks to capitalize on large-scale global opportunities in the electric vehicle and energy storage system space.
Fortescue launches battery pack manufacturing plant in Detroit
Australian mining and green energy major Fortescue plans to launch its manufacturing efforts in the United States by producing a high-voltage battery pack with up to 34 kWh capacity built around the company’s scalable battery module technology.
BatX Energies partners LW3 on battery passports
BatX Energies, a lithium battery recycler, will leverage LW3’s blockchain- and IoT-based digital product passport solutions for comprehensive tracking of battery history, usage, and material provenance from production to end-of-life, ensuring a circular economy for battery materials.
A look at next generation battery cells
The battery industry is experiencing a seismic shift with advancements in prismatic cell technology, led by companies like Cornex, which promise to reshape energy storage solutions.
India’s battery boom: Poised to dominate the global EV revolution!
India’s growing battery manufacturing capacity presents an opportunity not only to meet domestic demand but also to export to regions like Europe and North America.
